Skyward Specialty Insurance Group (SKWD) Proxy filing summary

Executive summary

• Virtual annual meeting scheduled for May 5, 2026, with shareholders voting on director elections, executive compensation, and auditor ratification.

• Record 2025 financial results: $2.2B gross written premiums, 24% growth, 89.3% combined ratio, 18.9% ROE, and 26% increase in book value per share.

• Acquisition of Apollo Group Holdings closed January 2026, expanding specialty capabilities and global reach.

• Updated organizational structure and compensation programs post-Apollo acquisition, including new executive roles and revised peer group for benchmarking.

Voting matters and shareholder proposals

• Shareholders to elect two Class I directors for three-year terms, approve executive compensation (Say-on-Pay), and ratify Ernst & Young LLP as auditor for 2026.

• Board unanimously recommends voting FOR all proposals.

• Shareholder proposals for the 2027 meeting must be received by November 25, 2026, with advance notice procedures outlined in bylaws.

Board of directors and corporate governance

• Board consists of nine members, seven of whom are independent; board divided into three staggered classes.

• Board leadership structure combines Chairman/CEO role with a Lead Independent Director.

• Five standing committees: Audit, Compensation, Nominating & Corporate Governance, Risk, and Investment, all with majority or full independence.

• Board refreshment ongoing, with six new directors in the past four years; average director tenure is 3.2 years.